Taxes
Financial Administration’s information on gratuitous supplies and opinion on right…
The Financial Administration has issued an updated version of its Information on the application of VAT to gratuitous supplies of goods. It clarifies the rules for determining the taxable amount (tax base) in the case of charitable donations of…
New EU social security rules: what will employers need to change for cross-border…
The European Parliament has approved changes to the rules of coordinating social security within the EU for posted workers. The aim of the amendment is to respond to the increase in cross-border mobility, define more clearly mobile workers’ rights…
European Commission proposes recast of DAC directives
At the end of June, the European Commission presented a proposal to recast the DAC directives. Alongside the Omnibus package, this is another legislative proposal aiming to reduce the administrative burden, make the rules clearer, and eliminate…
Act on electronic reporting of sales passed by the Chamber of Deputies, with changes…
As part of its debate on the draft Act on the Electronic Reporting of Sales, the Chamber of Deputies has also approved several legislative amendments in the area of income tax. The bill will now be considered by the Senate.
Omnibus: simplification of direct tax rules on the horizon
The European Commission has presented a package of legislative proposals, which includes amendments to EU directives in the area of direct taxes and a proposal to recast the DAC directives. Its aim is to simplify the existing rules and reduce the…
Planning agreements are subject to VAT: substance, not title, is decisive
The General Financial Directorate (GFD) has confirmed that the public-law nature of a planning (zoning) agreement does not in itself mean that the supplies provided under it are outside the scope of VAT. If a municipality, a Prague municipal…
CNB raises rates. How is tax-related interest changing from July?
The CNB’s June increase in the key interest rate to 3.75% will also affect the amount of tax-related interest from 1 July 2026, with an impact not only on default interest on late tax payments but also on compensation paid by the tax administrator…
Top-up tax: simplification of information returns also confirmed for the Czech…
Based on the new OECD agreement on a common understanding among countries, it will be possible to utilize exemptions from the obligation to file an information return under the top-up tax framework in the Czech Republic as well. This has been…
EET 2.0: bill heading to Chamber of Deputies. What is implementation timeline?
The government has approved the draft EET 2.0 act and submitted it to the Chamber of Deputies. Compared to the version communicated earlier, there have been no major substantive changes. The main development is therefore the publication of the…
Customs Administration launches new Automated Import System (AIS)
On 18 May, the Customs Administration launched the Automated Import System (AIS), which will gradually replace the existing eDovoz system. During the transitional period, both systems will operate in parallel, meaning that proceedings initiated…
GFD on determining tax residence of individuals
The General Financial Directorate (GFD) has published guidance on determining the tax residence of individuals, primarily with the aim of harmonising administrative practice and increasing legal certainty for taxpayers.
Pillar 2: simplification for filing GloBE Information Returns
The OECD has published a common understanding among jurisdictions that have implemented qualified top-up taxes. It responds to the approaching deadline for filing GloBE Information Returns and includes a commitment, under certain circumstances, not…